155 



Record of financial results.— The record of financial results 

 should be nothing more than a brief abstract of the annual 

 receipts and expenditure. It is unnecessary to furnish de- 

 tails ; but it is well, in order that the capital invested in the 

 forest may be known, and its amount tested from time to 

 time, to distinguish capital expenditure sunk in the forest 

 from current outlay on annually recurring works of protec- 

 tion, on repairs, on protective establishment, and so forth. 



A form, such as the following, could be written np annu- 

 ally with little trouble and would record all the necessary 

 information both as regards the capital expended and the 

 financial results of working for the year : — 



Areas for which separate control statements should be pre- 

 pared.— It is a question of some importance whether the re- 

 cords alluded to above should be kept up separately for each 

 working-circle or merely for each locality or administrative 

 charge. There can be no doubt that it would be exceedingly 

 useful if the forms were prepared for each working- circle, and 

 that without such a record much of the information, espe- 

 cially regarding the yield and financial results, is valueless. 

 Also' that, as regards the fellings and other main provisions 

 of a working-plan, a separate record and comparison for 

 each working-circle is indispensable. 



But the weakness of the forest stafP, the nature of the 

 work done, and the manner in which such records must be 

 kept up often render it impossible to prepare separate re- 

 cords for each working-circle. It should also to be borne in 

 mind that many works, such as buildings, roads, fire-lines, 

 etc., are not always connected with any one particular circle 

 but may be common to the whole area concerned. It is, 



